| Feb 12, 2025 / The Right News Right When It Happens | Top Story | | Inflation Up 3% in January | Washington, DC, February 12, 2025—The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5% on a seasonally adjusted basis in January, after rising 0.4% in December, the U.S. Bureau of Labor Statistics reported. | |
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| Today's Flooring News | | Ceramic Imports Down 3% by Dollar Value in 2024 | New York, NY, February 12, 2025—Total U.S. imports of ceramic tile in the year 2024 were 179.3 million square meters, a decline of 3.4% from the year 2023 when imports were 185.6 million square meters, according to Grosser Consulting. By dollar value, total ceramic imports were $1.953 million (-3.0%). | |
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| | Mortgage Applications Rose 2.3% in Week Ending February 7 | Washington, DC, February 12, 2025—Mortgage applications increased 2.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 7, 2025. | |
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| | Construction Backlog Indicator Increased to 8.4 Months in January | Washington, DC, February 12, 2025-Associated Builders and Contractors reported that its Construction Backlog Indicator increased to 8.4 months in January, according to an ABC member survey conducted Jan. 21 to Feb. 3. The reading is unchanged from January 2024. | |
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| FCITS to Host Complete Flooring Inspector Certification Course | Dalton, GA, February 12, 2025-FCITS (Flooring Consultants & Inspection Training Services), an independent flooring inspection and training provider in the industry, had announced its upcoming Complete Flooring Inspector Certification Course, taking place March 3 to 7 in Dalton, Georgia. | |
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| Creative Design Flooring Joins Starnet | Columbus, OH, February 12, 2025-Creative Design Flooring (CDF) has joined Starnet. | |
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| Cain and Bultman Announces New Hires | Jacksonville, FL, February 12, 2025-Cain and Bultman-a distributor of residential and commercial floorcovering, operating in Florida, Georgia, Alabama and South Carolina-announced the following floorcovering industry professionals have joined its team. | |
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Featured Video | | John Wu and Kim Hill Showcase Novalis' Manufacturing Diversity and 4 New Product Collections | February 12, 2025—John Wu and Kim Hill, CEO and VP of Product and Marketing, respectively, and Kemp Harr showcase Novalis' global investments in | |
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